Questrade is an online investing platform headquartered in Toronto, Ontario, operating since 1999. Today, the discount brokerage offers some of Canada’s lowest commissions on trading and investing currently available.
As a virtual brokerage, Questrade only operates online, meaning there are no branches or offices open to the public. This allows the discount brokerage to provide the lowest trading fees in the industry.
Questrade offers a variety of investment options that suit all risk profiles, ranging from low-risk investments like Guaranteed Investment Certificates (GICs) to more volatile options like Forex and the stock market.
Questrade has become incredibly popular as a low-cost option for passive investing as well. It offers its own robo-adviser called Questwealth Portfolios, which allows Canadians to purchase and trade Exchange-Traded Funds (ETFs).
- Buy ETFs for free.
- Lack of two-factor authentication (2FA).